BIP - This 5% Dividend Is a Dream for Income Investors
2024-02-19 06:05:00 ET
Income investors dream of two things. First, they want an above-average dividend that pays regular cash. Second, and just as importantly, they want a dividend that can grow. After all, the only thing better than a big dividend is one that keeps getting bigger over time.
If you're on the hunt for a big, reliable dividend that will grow for decades, check out Brookfield Infrastructure (NYSE: BIP) .
If a company wants to stick around for a century, it usually has to reinvent itself several times over. Technology improves, consumer preferences change, and demand shifts from one source of energy to another. Something that never changes, however, is demand for infrastructure. From airports and highways to railroads and seaports, an ever-growing world means an ever-growing appetite for infrastructure.
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This 5% Dividend Is a Dream for Income Investors